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Real Estate Rumors: Shorenstein, ABS, Midwood Investment

By Andrew McIntyre (August 31, 2016, 7:26 PM EDT) -- Shorenstein Properties has picked up the office portion of a Chicago property from TD Stonewater for $80 million, according to a report on Tuesday from Crain's Chicago Business that cited a source with knowledge of the price. The firm has picked up 533,000 square feet of office space at 1 N. State St., and 45 percent of the office space at the property is vacant, according to the report. The deal does not include the retail space on the bottom two floors of the property, Crain's said....

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